Nandani Creation Limited — Others, 11-02-2025: Shareholders meeting

Nandani Creation Limited will hold an Extraordinary General Meeting (EGM) to discuss increasing its authorized share capital from ₹18 crores to ₹28 crores, facilitating further funding. The EGM will also cover preferential issuance of 26,05,000 equity shares at ₹44 each, totaling approximately ₹11.46 crores, and 68,95,000 convertible warrants, aimed at raising approximately ₹30.34 crores. This capital will be utilized for working capital, debt reduction, and business expansion. Investor sentiment may reflect a positive outlook on the company’s growth strategy as it strengthens its capital base.